how do you build credit?

Inell Riesgo: To build credit you have to be able to show that you're capable of borrowing money and paying it off (in a timely manner). College loans, credit cards, mortgages are all ways to build credit. If you have a credit card, always make sure to pay it off. Don't do it the instant that you get charged, but do pay it off before it becomes a late payment. The other thing to keep in mind is to never max out your credit. Many credit experts suggest that you only use up 30%-50% of your credit line....Show more

Neville Dautremont: Normally you build credit, by paying off any credit card bills you get as soon as you can, and never being in debt with any credit card companies and keeping to their terms and conditions with regard to repayments. Obviously, if you have a good balance in your account and regular money, like your wages going in each month, this also shows that you are good for credit by the companies that look into you.